2. CHINA SYNTHON
SINGLE
(POLYMERIZATION)
MARKET REPORT
Beijing Zeefer Consulting Ltd.
May 2011

3. INTRODUCTION
This report discusses the synthon single (polymerization) market in China
mainly from the following sections.
- Size of Synthon Single (Polymerization) Market in China
Based on Zeefer's China Market Size Formula, by the analysis on China
synthon single (polymerization) market size, industry sales revenue and
domestic synthon single (polymerization) output in 2008 - 2010, this report
presents a picture of the real development of synthon single (polymerization)
market in China and changes in the overall market size.
- Hot Areas of China Synthon Single (Polymerization) Market
Based on the comparison and analysis on China's synthon single
(polymerization) production and import in different provinces or cities, this
report points out those hot areas in China for synthon single (polymerization)
market deserve most attention.
- Top 10 Enterprises in China Synthon Single (Polymerization) Industry
Based on the comparison and analysis on top 10 leading enterprises in China
synthon single (polymerization) industry in terms of sales revenue, market
share and number of employees, the report shows their positions in the
synthon single (polymerization) market in China. Additionally, this report
lists basic contact information of the top 10 leading enterprises.
- Market Share and Market Structure of China Synthon Single
(Polymerization) Market
This report analyzes the synthon single (polymerization) market share
distribution in China by segments based on enterprises nature (leading
enterprises, foreign enterprises, state-owned and private enterprises), imports
of synthon single (polymerization) product and regional markets in China in
terms of sale revenue, profitability, production volume, number of enterprises
and the value of imports... The report offers data on the market shares of
imported synthon single (polymerization) products, foreign enterprises and

4. enterprises in other forms. It also offers a comparison of profitability by forms
of enterprise ownership, presents a picture of the market share of leading
enterprises and the distribution of major regional markets in China. In
addition, the report figures out the structure and concentration ratio of the
current synthon single (polymerization) market in China by means of Bain's
Market Structure Classification and Index of CR4.
- Import and Export of Synthon Single (Polymerization) Products
In this section, the report includes the main source countries / regions of
imported synthon single (polymerization) products for China and their
market shares, the domestic destinations of imported synthon single
(polymerization) products in China and shares for these destinations, major
export destinations (countries or regions) for Chinese produced synthon
single (polymerization) products and shares of these destinations, major
origins of the exported synthon single (polymerization) products and their
shares.
- Synthon Single (Polymerization) Industry Standards in China
The report lists relevant national standards and/or industrial standards
concerning synthon single (polymerization) products generally accepted in
the synthon single (polymerization) industry in China, including standard
names both in Chinese and English as well as their unified code numbers.
- Major Synthon Single (Polymerization) Importers in China
The report lists 10 major importers for synthon single (polymerization)
products in China and provides their contact information such as company
name, address, website, telephone number and fax number.
- Summary on Key Statistics of the Synthon Single (Polymerization)
Industry in China
Based on the concise analysis on the sales revenue, production volume,
number of enterprises, total profit, total loss, total assets, return on the asset
and profit margin as well as other key statistics, China Synthon Single
(Polymerization) Market Report presents the current situation, the growth
rate and profitability of the synthon single (polymerization) industry in
China.

5. DECLARATION
Beijing Zeefer Consulting Ltd. and (or) its affiliates (hereafter, "Zeefer")
provide this report with the greatest possible care. Nevertheless, Zeefer makes
no guarantee whatsoever regarding the accuracy, utility, or certainty of the
information in this report. Further, Zeefer disclaims any and all responsibility
for damages that may result from the use or non-use of the information in this
report.
The information in this report may be incomplete and/or may differ in
expression from other information in elsewhere by other means. The
information contained in this report may also be changed or removed without
prior notice.

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CONTENT
CHAPTER 1 PRODUCT DEFINITION.................................................................1
CHAPTER 2 MARKET SIZE ...................................................................................3
2.1 ANALYSIS ON THE SYNTHON SINGLE (POLYMERIZATION)
MARKET SIZE.........................................................................................................3
2.2 ANALYSIS ON THE CHANGES IN THE PRODUCTION VOLUME OF
SYNTHON SINGLE (POLYMERIZATION) IN RECENT YEARS ..................5
2.3 AN OVERVIEW ON CHINESE ECONOMY................................................6
CHAPTER 3 HOT SPOTS FOR SYNTHON SINGLE (POLYMERIZATION)
PRODUCTS ACROSS CHINA .............................................................................10
CHAPTER 4 INDUSTRY OVERVIEW................................................................12
4.1 A SUMMARY ON THE INDUSTRY............................................................12
4.2 AN ANALYSIS ON THE PROFITABILITY OF THE INDUSTRY...........13
CHAPTER 5 ANALYSIS ON IMPORT & EXPORT .........................................16
5.1 AN OVERVIEW ON THE IMPORT & EXPORT........................................16
5.2 A DETAILED ANALYSIS ON IMPORT & EXPORT OF SYNTHON
SINGLE (POLYMERIZATION) PRODUCTS ...................................................18
5.2.1 ANALYSIS ON MAJOR COUNTRIES OF ORIGIN FOR THE
IMPORTED SYNTHON SINGLE (POLYMERIZATION) PRODUCTS......18
5.2.2 ANALYSIS ON THE MAJOR FLOW DESTINATIONS INSIDE
CHINA ................................................................................................................20
5.2.3 ANALYSIS ON MAJOR EXPORT DESTINATIONS ...........................21
5.2.4 ANALYSIS ON MAJOR ORIGINS IN CHINA......................................23
CHAPTER 6 THE MARKET SHARE...................................................................25
6.1 ANALYSIS ON THE CONCENTRATION OF CORPORATE SALES
REVENUE ..............................................................................................................25
6.1.1 ANALYSIS ON THE CONCENTRATION OF SALES REVENUE
FROM LEADING ENTERPRISES ...................................................................25
6.1.2 COMPARATIVE ANALYSIS ON SALES REVENUE FROM TOP 10
ENTERPRISES WITH INDUSTRY AVERAGE..............................................27
6.2 ANALYSIS ON THE CONCENTRATION BY AREA IN TERMS OF THE
MARKET SHARE..................................................................................................29
6.3 MARKET POSITION OF FOREIGN ENTERPRISES AND THE TREND
IN RECENT YEARS..............................................................................................31
6.3.1 CHANGES IN THE SHARES OF FOREIGN ENTERPRISES IN
TERMS OF THE NUMBERS AND THE COMPARISON OF FOREIGN
ENTERPRISES AND ENTERPRISES OF OTHER OWNERSHIP ...............31
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6.3.2 CHANGES IN THE SHARES OF SALES REVENUE FROM FOREIGN
ENTERPRISES AND COMPARISON WITH THAT FROM ENTERPRISES
OF OTHER OWNERSHIP ................................................................................33
6.3.3 PROFITABILITY OF FOREIGN ENTERPRISES AND COMPARISON
WITH ENTERPRISES OF OTHER OWNERSHIP .........................................35
6.4 ANALYSIS ON THE MARKET SHARE OF IMPORTED PRODUCTS
AND RELEVANT VARIATIONS IN RECENT YEARS ..................................37
CHAPTER 7 TOP 10 ENTERPRISES ...................................................................39
7.1 CNPC LIAOYANG PETRO-CHEMICAL INDUSTRY BRANCH...........39
7.2 XIANGLU PETROCHEMICALS (XIAMEN) CO., LTD............................39
7.3 ZHEJIANG HUALIAN SUNSHINE PETRO-CHEMICAL CO., LTD.....40
7.4 ZHEJIANG HENGYI POLYMER CO., LTD. ..............................................41
7.5 YANTAI WANHUA SYNTHETIC LEATHER GROUP CO., LTD. ........41
7.6 ZHEJIANG YISHENG PETRO-CHEMICAL CO., LTD. ...........................42
7.7 ZHUHAI BP CHEMICAL INDUSTRY CO., LTD......................................43
7.8 HANGZHOU LONGDA DIFFERENTIATION CHEMICAL INDUSTRY
CO., LTD.................................................................................................................43
7.9 YADONG PETRO-CHEMICAL (SHANGHAI) CO., LTD. ......................44
7.10 NINGBO WANHUA POLYURETHANE CO., LTD. ..............................45
CHAPTER 8 PRODUCT STANDARD SYSTEMS............................................46
CHAPTER 9 LIST OF MAJOR IMPORTERS.....................................................47
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CHAPTER 3
HOT SPOTS FOR SYNTHON
SINGLE (POLYMERIZATION)
PRODUCTS ACROSS CHINA
Figure 5 Nationwide distribution map of synthon single (polymerization) mfg.
enterprises above designated size across China
Heilongjiang
<4
Jilin
4
Inner Mongolia
<4 Liaoning
Xinjian 7
Hebei Beijing
<4
<4
7 Tianjin
Shanxi <4
Ningxia < 4 Shandong
<4
Qinghai 39
Gansu Henan Jiangsu
<4 Shaanxi 9 Anhui 40
Tibet Shanghai
Hubei 7 16
Sichuan <4 Zhejiang
<4 <4 38
Chongqing Jiangxi
Hunan
< 4 Fujian
Guizhou 7
<4 <4
1-6 1
7-19 Yunnan Guangdong 7
<4 Guangxi
14
20+ <4 20
Hainan
<4
Jiangsu, Shandong and Zhejiang are the major production bases for synthon
single (polymerization) in China. From Jan. to Nov. 2010, enterprises engaged
in synthon single (polymerization) production above designated size in the
above three areas added up to 117 firms, accounting for about 54.42% of all
synthon single (polymerization) producers above designated size all over
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6.3 MARKET POSITION OF FOREIGN
ENTERPRISES AND THE TREND IN RECENT
YEARS
6.3.1 CHANGES IN THE SHARES OF FOREIGN
ENTERPRISES IN TERMS OF THE NUMBERS AND THE
COMPARISON OF FOREIGN ENTERPRISES AND
ENTERPRISES OF OTHER OWNERSHIP
Figure 17 Changes in the percentage of numbers of foreign synthon single
(polymerization) mfg. enterprises across China and the comparison of foreign enterprises
and enterprises of other ownership
2008 2009 2010
Percentage of foreign enterprises Changes191
in the percentage of
全国 197 215
in term s of the num ber of num bers of foreign-funded
oreign-funded 47 43 43
enterprises in 2010 enterprises
e of ownership 172
Private 98 23% 91
26%
105rivate
26%
oreign-funded 47 43 43 nded
3% 4%
State-owned 20.00% 6 7 6% 12
Others 46 24% 23%
50 55
20%
Private 50% 48% 49%
oreign-funded 80.00% 24% 23% 20%
State-owned 3% 4% 6%
50% 48% 49%
Others 23% 26% 26%
2008 2009 2010
Private Foreign-funded
Foreign-funded Others type of ow nership State-ow ned Others
In 2010, among the 215 synthon single (polymerization) mfg. enterprises
above designated size across China, 43 are foreign enterprises, accounting for
about a share of 20% of all. In terms of the number of enterprises, the foreign
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